Trading Process
Pilot Position
Also called: pilot, pilots, pilot positions, starter, small pilot, starter position
A small starter position to get initial exposure to a stock while keeping risk minimal. I use pilots when I want to be involved but don't have enough conviction or positive feedback to take a full position. If the pilot works and I get positive feedback I can add to it, and if it doesn't I'm out with almost nothing lost.
In Context
“The entries were tight enough that I was able to get almost full sized positions on with less risk than a normal pilot position which felt great.”
“Started small pilot positions in IREN and LEU.”
Tough Month, Year is Young·Digest
“Started a small pilot in PLTR while it continues basing.”
TSLA Out of the Base·Digest
“Pilot position started after S&P 500 addition gap.”
TSLA Out of the Base·Digest
“Small pilot while stock continues basing.”
TSLA Out of the Base·Digest